One thing that can be confusing for many people is exactly what kind of mortgage company to work with. Should they use one of the big national banks? Should they go with a mortgage broker? Should they go with a local mortgage bank?
With so many choices, of course it can be confusing.
And the truth is – it probably doesn’t matter what kind of company you go with – local or not – it all really comes down to the loan officer. For example, let’s say that a great loan officer currently works for a Chandler Arizona mortgage company that is small and locally owned.
Then something happens and that great loan officer goes to work for one of the big, national banks.
Different employer – same great loan officer.
Which one is better?
Right. It all really comes down to the loan officer. The loan officer who has the best rates, fees, etc. will usually be the same loan officer with the best overall deal no matter where he works.
The way that you find the best loan officer? Ask around. You might be surprised at how many people that live right around you used the same loan officer and had a great experience without even knowing that so many other people also used that same loan officer.
Great loan officers aren’t hard to find… if you know where to look.